Which of the following is true of a draft?

A) It is always a two-party transaction.
B) It is an unconditional written promise to pay.
C) It is a note created upon deposition of money.
D) It is a pay to order transaction.


D

Business

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Bonds that give the corporation the option of redeeming the bond before the maturity date are called serial bonds

Indicate whether the statement is true or false

Business

In the GLOBE study, the authors derived nine cultural dimensions and measured them both as practices and ______.

a. systems b. processes *c. values d. characteristics

Business

Base on a three-month weighted moving average with weights w1 = .1, w2 = .4, and w3 = .5 (most recent), determine the forecasted demand for August and September. What is the forecast error in August?

Recent past demand for product ZXT is given in the following table. Month Actual Demand February 20 March 22 April 33 May 35 June 31 July 48 August 41

Business

Erion Inc. is an e-commerce company that sells its food products under the brand name Heal Meal. Its business partners have planned to enter into a strategic alliance with a well-reputed retailer in the Asian market in order to expand its operations to the Asian continent. Which of the following is a reason for the company having a lack of organization-based legitimacy in the Asian market?

A. The absence of a physical location to conduct business B. The use of a brand name to sell products C. It's partnership with another well-reputed business D. Its legal form as a partnership firm

Business